UEFA have announced an easing of the Financial Fair Play rules during the “current exceptional circumstances” of the coronavirus shutdown.

The shutdown of the season’s across Europe has inevitably put some clubs in financial difficulty, so won’t have to present their balance sheets for the 2020-21 season.

However, it’s reported the campaign will still be considered during the eventual three-year break-even period calculations, so it is only a temporary measure.

“The Executive Committee reiterated its full commitment to club licensing and Financial Fair Play and agreed that the current exceptional circumstances necessitate some specific interventions to facilitate the work of member associations and clubs.

“It supports the proposal to give member associations more time to complete the club licensing process, until the admission process for next season’s UEFA club competitions has been redefined.

“As a result of the increasing uncertainty generated by the ongoing extraordinary events, the Executive Committee also decided to suspend the club licensing provisions that relate to the preparation and assessment of clubs’ future financial information. This decision applies exclusively for participation in the 2020/21 UEFA club competitions.”

This is a green flag for the national owned sides like PSG and Manchester City to to increase spending without FPP worries in what will be a depressed transfer market.

It will be interesting to see how Sunig and Inter approach this summer’s Mercato? Juventus seem to have been hit hard by the shutdown and the reduction in revenues, while Suning have beenn quietly going about their business.

Will Suning look at this as an opportunity to buy players at a reduced level and maybe speed up the timetable to get back to the top of Italian football?

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